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China will strengthen its national innovation system and speed up building itself into an innovation-driven country to foster the country's development and a better life for its people, Premier Li Keqiang said. Li spoke in a video message of congratulations at the opening ceremony at the Pujiang Innovation Forum, which started in Shanghai on Thursday.

China's banking sector, seen as a major source of financing that supports the initiative, will continually strengthen cooperation with foreign financial institutions along Belt and Road routes to expand the country's opening up, Wang Zhaoxing, deputy head of the newly merged banking and insurance regulatory commission, said at the China Development Forum 2018 on Saturday.

China will launch a large-scale campaign to crack down on poor-quality inexpensive snacks sold in shops near schools, the newly established State Administration for Market Regulation said on Tuesday.

China's accelerated steps in further opening its financial sector will draw more foreign banks and firms and will give a major boost to local market efficiency and vitality, according to economists and financial experts.

China will positively consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and attach importance to the application of international norms to safeguard national security.